Top 8 Ways to Save Money on Your Solar Installation

Switching to solar energy is a smart investment, but the initial installation costs can feel daunting. Thankfully, there are several strategies to reduce expenses without compromising quality or efficiency. Here’s a detailed guide with actionable tips to help you save money on your solar installation.

1. Take advantage of Government Incentives and Tax Credits

Using subsidies provided by government can decrease the cost of installation.
The Central government provide subsidy under the PM Surya Ghar-Muft Bijli Yojana.
State government also provide subsidy for the residential customers on solar panel installation.
Government of Delhi provide Rs. 2,000/- per KW up to a maximum of Rs. 10,000/- per consumer under the new Delhi Solar Policy.
Government incentives, such as tax rebates, are available for industries that invest in solar panel installations.

2. Compare Multiple Quotes

Obtain quotes from several reputable solar companies.
Comparing prices and services and ensures you get competitive rates and the best value.
Evaluate the warranty, type of solar panel, and the materials used for installation offered by each installer.

3. Choose the Right Size System

Avoid overestimating your energy needs.
A smaller, appropriately sized system can save thousands of rupees.
Use an energy audit to calculate your exact requirements.

4. Choose High-Efficiency Panels

While the upfront cost might be higher, efficient panels generate more energy, saving you money in the long run.
Look for panels with a high performance warranty for better durability.
While most solar panels are built to last for 25 to 30 years, high-efficiency panels are often capable of generating energy beyond that timeframe.

5. Partner with Solar Installers

Work with solar companies familiar with regional policies and incentives.
Local providers often offer lower installation fees and quicker service.
They can also help with after-sales support and maintenance.

6. Optimize Roof Conditions

Ensure your roof is in good condition before installation to avoid costly repairs later.
Proper roof orientation and minimal shading can enhance panel performance.
Use tools like solar calculators or consult experts to assess your roof’s solar potential.

7. Connect To Grid

In areas with infrequent power outages, integrating solar plant with the existing grid infrastructure can provide a cost-effective alternative to battery backup systems.
Combining solar plant with the grid can also help consumers to take advantage of Net metering.
Net metering policies provide compensation for surplus energy supplied to the grid.+

8. Monitor Your System

Invest in monitoring tools to track system performance and detect issues early, avoiding expensive repairs.
Regular maintenance ensures maximum efficiency and longevity.
Schedule annual inspections to prevent small issues from becoming costly problems.

Conclusion

Going solar doesn’t have to break the bank. By leveraging government incentives, choosing the right system, and exploring cost-saving measures, you can significantly reduce installation expenses and enjoy long-term savings. Bridgeway Power is here to help to install solar panels at very low cost, schedule a consultation call with our solar experts today!